Elevance Health, Inc.(ELV)Stock Analysis
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Rank #913 of 2,879 stocksTOP 50%
Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
ELV Stock Analysis & AI Quality Score
AI stock analysis and institutional research for Elevance Health, Inc. (ELV), a Healthcare sector company. 13F Pro's AI-powered ranking engine scores ELV at 59.4/100 on a 32-signal composite quality model, placing it at rank #913 of 2,879 stocks — the top half of the AI-ranked universe. ELV scores in the top quartile across revenue scale (99.5), institutional flow (77.4). Areas of concern include earnings quality (30.0), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q2 2026), Elevance Health, Inc. reports quarterly revenue of $50.5B, net income of $1.5B, an operating margin of 3.5%. Top institutional holders of ELV by reported 13-F value include BlackRock,, VANGUARD CAPITAL MANAGEMENT, STATE STREET, based on the most recent SEC filings. ELV trades on the NYSE exchange and files with the SEC under CIK 1156039. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate ELV daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Elevance Health, Inc. directly from SEC EDGAR. Elevance Health, Inc.'s 13F Pro composite quality score has ranged between 8 and 66 since 2022, currently 59.4 — a stable long-term trajectory across 53 quarterly and live scoring snapshots.
Revenue
Q2 2026
$50.5B
Net Income
Q2 2026
$1.5B
Free Cash Flow
Q2 2026
$1.6B
Operating Margin
Q2 2026
3.5%
ROIC
Q2 2026
2.3%
D/E Ratio
Q2 2026
0.70
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
+12.5% YoYNet Income
-5.3% YoYOperating Income
-8.4% YoYEPS (Diluted)
-1.8% YoYTotal Assets
+3.9% YoYTotal Debt
+0.8% YoYOp. Cash Flow
-26.1% YoY| Metric | FY 2025 | FY 2024 | FY 2022 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|
| Revenue | $199.13B +12.5% | $177.01B +13.0% | $156.59B +73.9% | $90.04B +6.1% | $84.86B +7.2% | $79.16B |
| Net Income | $5.66B -5.3% | $5.98B +1.5% | $5.89B +53.4% | $3.84B +55.6% | $2.47B -3.5% | $2.56B |
| Operating Income | $7.20B -8.4% | $7.86B -5.1% | $8.28B +98.4% | $4.17B -13.0% | $4.80B +1.0% | $4.75B |
| EPS (Diluted) | $25.21 -1.8% | $25.68 +5.8% | $24.28 +69.2% | $14.35 +55.8% | $9.21 -1.8% | $9.38 |
| Total Assets | $121.49B +3.9% | $116.89B +13.8% | $102.75B +45.7% | $70.54B +8.4% | $65.08B +5.5% | $61.72B |
| Total Debt | $33.15B +0.8% | $32.88B +28.4% | $25.61B +20.8% | $21.21B +27.3% | $16.66B +5.0% | $15.86B |
| Operating Cash Flow | $4.29B -26.1% | $5.81B -30.8% | $8.40B +100.7% | $4.18B +28.0% | $3.27B -22.4% | $4.21B |
AI Insight: ELV Financial Trends
Revenue volatility and operating cash flow collapse in Q4 2025 signal operational stress despite modest Q2 2026 recovery.
• Revenue swung from $49.7B (Q2 2025) to $41.8B (Q3 2025), then recovered to $49.7B (Q4 2025), before declining again to $41.3B (Q2 2026).
• Operating cash flow collapsed to $84M in Q4 2025 from $2.1B in Q2 2025, though rebounded to $4.3B in Q1 2026.
• Operating margin deteriorated from 4.9% (Q1 2026) to 4.3% (Q2 2026); Q4 2025 saw margin contract to 0.6%.
⚠ Debt increased from $27.1B (Q3 2024) to $33.1B (Q4 2025); leverage ratio elevated despite stable equity base of ~$44B.
⚠ Net income volatility persists—Q4 2025 fell to $547M from $1.7B in Q2 2025; pattern suggests underlying margin pressure.
AI Insight: ELV Ratio Trends
Elevance recovered from a severe Q4 2025 collapse, but profitability remains well below 2025 peak levels and ROIC has halved.
• Operating margin rebounded to 4.3% in Q2 2026 from 0.6% in Q4 2025, signaling operational stabilization post-crisis.
• ROIC remains depressed at 9.2% in Q2 2026 versus 17.5% in Q1 2025 peak; structural profitability challenge persists.
• Leverage drifted higher to 0.76 D/E in Q4 2025 before moderating to 0.70 in Q2 2026; balance sheet stabilizing.
⚠ Q4 sequential weakness pattern repeating: OpMargin, NPM, ROE all collapsed in Q4 2024 and Q4 2025. Investigate seasonality.
⚠ ROE down to 13.0% in Q2 2026 from 20.5% in Q1 2025; shareholder returns under pressure despite recent stabilization.
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Available Research
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Top Institutional Holders of ELV
BlackRock, Inc.
$5.8B19,887,111 shVANGUARD CAPITAL MANAGEMENT LLC
$4.2B14,345,459 shSTATE STREET CORP
$3.0B10,288,696 shWELLINGTON MANAGEMENT GROUP LLP
$2.4B8,228,537 shVANGUARD PORTFOLIO MANAGEMENT LLC
$1.9B6,356,077 shSanders Capital, LLC
$1.7B5,894,303 shGEODE CAPITAL MANAGEMENT, LLC
$1.5B5,192,707 shArtisan Partners Limited Partnership
$1.5B5,127,175 shInvesco Ltd.
$1.4B4,817,410 shHARRIS ASSOCIATES L P
$1.4B4,796,526 sh
| Fund | Value | Shares |
|---|---|---|
| BlackRock, Inc. | $5.8B | 19,887,111 |
| VANGUARD CAPITAL MANAGEMENT LLC | $4.2B | 14,345,459 |
| STATE STREET CORP | $3.0B | 10,288,696 |
| WELLINGTON MANAGEMENT GROUP LLP | $2.4B | 8,228,537 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $1.9B | 6,356,077 |
| Sanders Capital, LLC | $1.7B | 5,894,303 |
| GEODE CAPITAL MANAGEMENT, LLC | $1.5B | 5,192,707 |
| Artisan Partners Limited Partnership | $1.5B | 5,127,175 |
| Invesco Ltd. | $1.4B | 4,817,410 |
| HARRIS ASSOCIATES L P | $1.4B | 4,796,526 |
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Popular Research
Is ELV a good stock to buy?
13F Pro's AI-powered analysis of Elevance Health, Inc. (ELV) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Healthcare sector (listed on NYSE). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for ELV are available on the ELV stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own ELV?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling ELV. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of Elevance Health, Inc.'s investment landscape.